Agree Realty Corporation (ADC) — Free Cash Flow Generation Index
Agree Realty Corporation (ADC) has a Free Cash Flow Generation Index of -1.84x as of March 2026. Free cash flow of $-267.18 Million represents -2% of operating cash flow ($145.16 Million). Read Agree Realty Corporation balance sheet liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Agree Realty Corporation Free Cash Flow Generation Index (1994–2025)
Historical FCF Generation Index trend for Agree Realty Corporation across 32 annual periods. Explore ADC capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Agree Realty Corporation (1994–2025)
Year-by-year Free Cash Flow Generation Index for Agree Realty Corporation. For the full company profile including market capitalisation, see ADC market cap overview.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.00x | $504.14 Million | $504.14 Million | $1.58 Billion | ▲ +0.0% |
| 2024 | 1.00x | $431.97 Million | $431.97 Million | $977.33 Million | ▲ +0.0% |
| 2023 | 1.00x | $391.60 Million | $391.60 Million | $1.29 Billion | ▲ +0.0% |
| 2022 | 1.00x | $362.12 Million | $362.12 Million | $1.66 Billion | ▲ +0.0% |
| 2021 | 1.00x | $246.31 Million | $246.31 Million | $1.44 Billion | ▲ +0.0% |
| 2020 | 1.00x | $142.96 Million | $142.96 Million | $1.35 Billion | ▲ +0.0% |
| 2019 | 1.00x | $126.71 Million | $126.71 Million | $732.57 Million | ▲ +0.0% |
| 2018 | 1.00x | $93.25 Million | $93.25 Million | $632.61 Million | ▲ +0.0% |
| 2017 | 1.00x | $82.20 Million | $82.20 Million | $362.87 Million | ▲ +0.0% |
| 2016 | 1.00x | $61.73 Million | $61.73 Million | $325.79 Million | ▲ +0.1% |
| 2015 | 1.00x | $44.61 Million | $44.68 Million | $66.00K | ▼ -0.1% |
| 2014 | 1.00x | $35.10 Million | $35.10 Million | $159.80 Million | ▲ +0.0% |
| 2013 | 1.00x | $29.59 Million | $29.59 Million | $90.54 Million | ▲ +0.0% |
| 2012 | 1.00x | $21.21 Million | $21.21 Million | $84.52 Million | ▲ +319.5% |
| 2011 | -0.46x | $-11.62 Million | $25.50 Million | $37.11 Million | ▲ +6.4% |
| 2010 | -0.49x | $-12.71 Million | $26.11 Million | $38.82 Million | ▼ -177.4% |
| 2009 | 0.63x | $14.83 Million | $23.58 Million | $8.75 Million | ▲ +2597.1% |
| 2008 | 0.02x | $511.41K | $21.93 Million | $21.42 Million | ▼ -73.2% |
| 2007 | 0.09x | $1.88 Million | $21.64 Million | $19.76 Million | ▼ -83.9% |
| 2006 | 0.54x | $10.99 Million | $20.30 Million | $9.31 Million | ▲ +135.4% |
| 2005 | 0.23x | $4.52 Million | $19.64 Million | $15.12 Million | ▲ +223.4% |
| 2004 | -0.19x | $-3.41 Million | $18.30 Million | $21.71 Million | ▲ +34.6% |
| 2003 | -0.29x | $-4.46 Million | $15.65 Million | $20.12 Million | ▼ -1459.2% |
| 2002 | -0.02x | $-249.81K | $13.66 Million | $13.91 Million | ▼ -102.9% |
| 2001 | 0.63x | $8.21 Million | $13.05 Million | $4.84 Million | ▲ +379.1% |
| 2000 | 0.13x | $1.52 Million | $11.60 Million | $10.08 Million | ▲ +261.6% |
| 1999 | 0.04x | $437.87K | $12.06 Million | $11.62 Million | ▲ +116.0% |
| 1998 | -0.23x | $-2.53 Million | $11.16 Million | $13.69 Million | ▼ -474.9% |
| 1997 | 0.06x | $558.91K | $9.24 Million | $8.68 Million | ▲ +108.0% |
| 1996 | -0.76x | $-5.87 Million | $7.71 Million | $13.58 Million | ▲ +62.2% |
| 1995 | -2.02x | $-13.30 Million | $6.60 Million | $19.90 Million | ▼ -301.5% |
| 1994 | 1.00x | $900.00K | $900.00K | $0.00 | — |